Thursday, April 24, 2014

New PPACA Taxes to Cost Exchange Enrollees $350 Extra This Year & Employer Sponsored Plans $200 Per Employee

This is from Robert Brook at the American Action Forum, Hat Tip: Dr. John Goodman:  
... 2014 is the first year that people will see their premium totals rise significantly due to the ACA’s many taxes. People who enrolled on the exchanges will face seven new taxes in 2014 that on average total $354 per person annually. For others with an employer sponsored insurance (ESI) plan the charges will be less this year at $196, and for people that have self-insured ESI plans the additional charges will be a total of $94. A list and explanation for all of the ACA’s new taxes can be found below. Figures in the table are on a per-person basis; for family coverage simply multiply by the number of covered family members.